PL charge City for alleged breaches of financial rules

[johnny crossan]

City have subsequently challenged this (and had this challenge upheld) meaning that moving forward this rule is likely to be amended. At that points clubs will need to comply with it but that's only after an amendment is made. At the present moment it's perfectly legal - I suspect it won't be after the rules get amended (assuming 60% of PL clubs vote for it - they may also decide not to of course).

My takeaway is there are no APT rules now, they are unlawful and therefore all null and void. If still wanted they will have to be reworked to be non discriminatory (i.e. not fit for cartel purpose in targeting City & Newcastle) and also fold shareholder loans into PSR from 2021 at a cost of millions to said cartel.

 

[City Raider]

Whatever happens, this whole financial governance system needs to be torn apart. Forcing clubs to chase revenue so they can compete, only leads to exploitation of fans. From the day these rules were introduced, the financial burden on us as fans has increased exponentially. No one in the press seems bothered about that.

 

[Gazza]

Saying that you didn't use the loan for players and only for the stadium makes no sense - It's like your parents loaning you £100 for a pair of trainers but you spent it on food shopping and paid for the trainers out of your own money.

 

[Gorton_Tubster]

I think this is one of the fundamental misunderstandings that's happening. Arsenal, Everton, Brighton etc haven't done anything wrong re shareholder loans as the current rules (that City voted for btw) state that shareholder loans don't bear interest.

City have subsequently challenged this (and had this challenge upheld) meaning that moving forward this rule is likely to be amended. At that points clubs will need to comply with it but that's only after an amendment is made. At the present moment it's perfectly legal - I suspect it won't be after the rules get amended (assuming 60% of PL clubs vote for it - they may also decide not to of course).

You think the PL would allow rules that fall apart under legal scrutiny to be passed by 60% of clubs?

 

[paulchapo]

Whatever happens, this whole financial governance system needs to be torn apart. Forcing clubs to chase revenue so they can compete, only leads to exploitation of fans. From the day these rules were introduced, the financial burden on us as fans has increased exponentially. No one in the press seems bothered about that.

They couldn't give a fuck they get the best seats in the house and free food. Have you seen our press seats? Halfway line, padded, luxury. They will only pretend to care if there was no fans again like the covid period.

 

[BeerIsTheBest]

Man City rivals line up damages claims over Premier League charges

Exclusive: Six-year limitation on breach of contract claims could force clubs to open legal proceedings in search of damages

www.telegraph.co.uk

Rehash of old news. Connected to the six year limitation period. Clubs need to reserve their right to bring damage claims. If true perhaps they will send in two letters. One to us and one to Prem?

 

[citizen_maine]

The restaurant has been open and serving food for many years. I know City have stated that APT rules are null and void, unfortunately for City they aren't the tribunal nor the PL and essentially what has been agreed is that some tweaks are required. One tweak is that the way APT deals are approved will be amended (although PL retains the ultimate decision of veto) and the other tweak will be to look at shareholder loans moving forward.

The whole FFP framework is due to change next year anyway regardless of the case.

The tribunal said APT in it's current form is unlawful. Nobody has 'agreed' that all that is needed is a few tweaks

 

[City Raider]

They couldn't give a fuck they get the best seats in the house and free food. Have you seen our press seats? Halfway line, padded, luxury. They will only pretend to care if there was no fans again like the covid period.

Exactly. That’s why there needs to be an independent regulator. Our voices have no way of being heard. Supporters groups on a national, influencing level? Don’t make me laugh. Too many vested interests for them to overcome.

 

[Phil1]

It's irony.....

No, it’s posted as if it’s irony but you’re trying to take the piss.
Most of your posts are similar. I see right through you.

 

[inchy14]

Mental health comes to mind, this dude must be a raving lunatic and needs help, the Tarquins are taking all this so personally, why?

1 title in 21 seasons is very good.

As good as Liverpool!!